EU rescue fund rated triple A

It was announced on the 20 september 2010 that all three major rating agencies assigned the best possible credit rating – Standard & Poor’s “AAA”; Moody’s “Aaa”; Fitch Ratings “AAA” - to the European Financial Stability Facility (EFSF), a Luxembourg-registered company which was set up by euro area Member States earlier in 2010 to preserve financial stability in Europe’s Economic and Monetary Union.

ESO: Background information: Eurozone crisis fund expects top rating http://www.europeansources.info/record/eurozone-crisis-fund-expects-top-rating/

EFSF: Press Release, 20.9.10: Rating agencies assign top credit rating to EFSF http://www.efsf.europa.eu/press/2010/2010-003-rating-agencies-assign-top-credit-rating-to-efsf.htm

ESO: Background information: Deal on mechanism for eurozone rescue package http://www.europeansources.info/record/deal-on-mechanism-for-eurozone-rescue-package/

EUObserver, 20.9.10: Eurozone rescue fund gets top rating http://euobserver.com/9/30844

ESO: Background information: Dublin defies fears to pursue bond sale http://www.europeansources.info/record/dublin-defies-fears-to-pursue-bond-sale/

ESO: Background information: Greece rules out possibility of default http://www.europeansources.info/record/greece-rules-out-possibility-of-default/

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